# The annual growth rate in EPS is 3%. The P/E ratio is 12x. EPS last year was $1.00. Calculate What

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## Question:

The annual growth rate in EPS is 3%. The P/E ratio is 12x. EPS last year was $1.00. Calculate What should the stock price be in 4 years?

**Related Book For**

## Intermediate Financial Management

ISBN: 9780357516669

14th Edition

Authors: Eugene F Brigham, Phillip R Daves

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